REGISTERED NUMBER: 04503486 (England and Wales)

Unaudited Financial Statements

for the Year Ended 28th February 2026

for

Dynevor Homes Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

H R Williams

Mrs A B Williams

SECRETARY:

REGISTERED OFFICE:

Unit 19 Betws Park Workshops

Betws

Ammanford

Carmarthenshire

SA18 2ET

REGISTERED NUMBER:

04503486 (England and Wales)

ACCOUNTANTS:

Ashmole & Co

Chartered Certified Accountants

Castle House

High Street

Ammanford

Carmarthenshire

SA18 2NB

FIXED ASSETS

Tangible assets

4

427

1,659

CURRENT ASSETS

Stocks

-

17,879

Debtors

5

7,934

10,801

7,934

28,680

CREDITORS

Amounts falling due within one year

6

(314,736

)

(287,892

)

NET CURRENT LIABILITIES

(306,802

)

(259,212

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(306,375

)

(257,553

)

CREDITORS

Amounts falling due after more than one year

7

-

(2,452

)

NET LIABILITIES

(306,375

)

(260,005

)

CAPITAL AND RESERVES

Called up share capital

150

150

Capital redemption reserve

50

50

Retained earnings

(306,575

)

(260,205

)

SHAREHOLDERS' FUNDS

(306,375

)

(260,005

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28th February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28th February 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22nd June 2026 and were signed on its behalf by:

H R Williams - Director

1.	STATUTORY INFORMATION

Dynevor Homes Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2025 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st March 2025

18,033

Disposals

(4,850

)

At 28th February 2026

13,183

DEPRECIATION

At 1st March 2025

16,374

Charge for year

1,232

Eliminated on disposal

(4,850

)

At 28th February 2026

12,756

NET BOOK VALUE

At 28th February 2026

427

At 28th February 2025

1,659

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

£

Other debtors

7,934

10,801

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

£

Bank loans and overdrafts

20,205

11,516

Trade creditors

25,508

48,174

Taxation and social security

43

9,215

Other creditors

268,980

218,987

314,736

287,892

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

28.2.26

28.2.25

£

£

Bank loans

-

2,452

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 28th February 2026 and 28th February 2025:

28.2.26

28.2.25

£

£

H R Williams and Mrs A B Williams

Balance outstanding at start of year

(149,263

)

(148,860

)

Amounts advanced

-

27,759

Amounts repaid

(26,058

)

(28,162

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(175,321

)

(149,263

)

9.	RELATED PARTY DISCLOSURES

At the balance sheet date the company owed an amount of £54,071 (2025 £52,071) to a company connected to its directors.

10.	GOING CONCERN

During the period the company sustained a loss and its liabilities exceed its assets. The accounts have been prepared under the going concern basis which assumes that its directors will provide sufficient funds to maintain it as such over future periods.